‘Difficult Decisions’: Chevron to Layoff More than 500 Employees in Houston Following Hess Merger
HOUSTON, TEXAS, JUL 23 – Chevron cut 575 jobs at Hess office after acquiring Hess in a $53 billion deal, reducing over one-third of Hess’s Houston workforce to boost long-term competitiveness, Texas Workforce Commission said.
- Chevron completed its $55 billion merger with Hess on July 18, 2025, and plans to cut 575 Houston jobs effective September 26.
- The merger faced a postponement exceeding a year, during which Chevron prepared to finalize the agreement swiftly and collaborated closely with Hess on integration plans.
- IT staff from both Chevron and Hess held frequent meetings to coordinate the merger process, and Hess workers were informed about the option to apply for severance packages.
- Last week, Chevron CEO Mike Wirth mentioned in an interview that integrating technology and merging staff from both companies would require several months.
- Chevron is offering severance benefits and aims to maintain safe, reliable operations during the transition amid these difficult workforce reductions.
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Chevron to lay off over 600 workers following Hess acquisition – Oil & Gas 360
(World Oil)– Chevron Corp. is cutting almost 650 jobs in the Houston area and North Dakota after completing the $53 billion takeover of Hess Corp. The reductions include 575 positions in Texas and 70 in North Dakota, and will take effect Sept. 26, according to a Chevron spokesperson on Wednesday. Chevron formally closed on its acquisition of Houston-based Hess at the end of last week. “As part of the integration, we will consolidate or eliminate
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Total News Sources12
Leaning Left1Leaning Right0Center4Last UpdatedBias Distribution80% Center
Bias Distribution
- 80% of the sources are Center
80% Center
L 20%
C 80%
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